GregGraves
I think latency is more an issue of buffer size, isn't it?  When tracking use a small buffer (256, 128).  When mixing use a big buffer (1024 or +).  I rarely run into a latency problem, although I have had to slide a vocal double backwards by a few milliseconds based on the ASIO reported latency value to avoid aliasing, but that was due to big buffer size and my not being aware.  I've never noticed that ASIO latency increases by adding plugins.

there are 2 types of latency: the one induced by your ASIO buffer settings (hardware dependent) and the one induced by certain plugins (software dependent) like LP EQs etc.
 
adding plugins will not change ASIO latency, it will just increase CPU load until you hit the limit and can no longer work at the selected ASIO buffer size. then you can either start turning off plugins for tracking and keep ASIO settings (using mix recall as discussed in this thread) or keep plugins active and increase ASIO buffers (but then face higher latency) as e.g. for mixing
 
BTW, if your recordings need to be moved (dont align properly) you might want to do a loop test and define the offset in sample required for proper alignment. once done you no longer need to worry.

I can verify that "Mix Recall" has indeed addressed my issue.  I created a template that has all necessary tracks for my instruments, as well as Aux tracks, mix busses, and FX busses.  All are completely empty of any plugins (except for amp sims or virtual instruments) and saved to a mix recall named "Tracking".  Then, I added all of my plugins to the tracks and busses, dialed in the settings that I know will work 90% of the time, and saved that as "Mixing".  It seems to work perfectly.  I can record without any weird glitches or timing issues while in "Tracking" mode.  Then, once I have all of my tracks recorded, I can call up the "Mixing" mode and BAM! all of my plugins appear just as I want them, settings and all.  This also allows for so many possibilities for trying different versions of compressors, eq's, delays, reverbs, etc.
 
Another great benefit is the issue that happens when you think you have all of your tracking complete, then you start mixing and adding tons of plugins, only to realize that you either need to punch in to re-record something, or maybe record a totally new instrument or track to add to the mix.  In the past, this meant that you had to freeze tracks, disable plugins, and still have "iffy" results.  Now, you just switch back to "Tracking" mode, and BAM!  I love it!  Way to go Sonar!

Control + Z Studios
Another great benefit is the issue that happens when you think you have all of your tracking complete, then you start mixing and adding tons of plugins, only to realize that you either need to punch in to re-record something, or maybe record a totally new instrument or track to add to the mix.  In the past, this meant that you had to freeze tracks, disable plugins, and still have "iffy" results.  Now, you just switch back to "Tracking" mode, and BAM!  I love it!  Way to go Sonar!

Awesome! That is exactly how I will be using Mix Recall now. So basically all you have to do is lower the buffer when you want to record, then raise it again for the mixing scene.
 
Thanks again to Rob for pointing that out. This is a great feature that I will use all the time now. I learn something new every week on this forum.
 
~Jeff